Compare BlackBull Markets vs Coinexx
What is BlackBull Markets? What is Coinexx?
BlackBull Markets is an award-winning New Zealand-based ECN broker that provides institutional-grade trading conditions and exceptional customer service and support. It offers trading on forex, shares, CFDs, commodities, precious metals, energy, and crypto currencies with low spreads, high leverage, and no commission on some accounts.
Coinexx is a crypto forex broker that allows traders to trade forex and crypto currencies with the lowest spreads in the industry. It offers trading on over 26,000 tradeable instruments with no minimum deposit, no transfer fees, no trading restrictions, and multiple base currencies including BTC, ETH, and USD.
BlackBull Markets vs Coinexx Regulation Comparison
BlackBull Markets is registered with the Financial Services Provider Register (FSPR) of New Zealand and is a member of the Financial Services Complaints Limited (FSCL), which provides dispute resolution services to clients. However, it is not regulated by any major financial authority such as the FCA or ASIC.
Coinexx is not regulated by any authority and operates as an offshore broker. This means that it does not have to comply with any regulatory standards or provide any investor protection to its clients. Trading with an unregulated broker carries a high level of risk and may not be suitable for all investors.
BlackBull Markets vs Coinexx Trading Assets Comparison
BlackBull Markets offers trading on over 300 instruments across various asset classes such as forex, shares, CFDs, commodities, precious metals, energy, and crypto currencies. It provides access to 64 currency pairs, 11 indices, 5 commodities, 3 metals, 2 energies, and 10 crypto currencies.
Coinexx offers trading on over 26,000 instruments across forex and crypto currencies. It provides access to 62 currency pairs and 25 crypto currencies.
BlackBull Markets vs Coinexx Trading Fees Comparison
BlackBull Markets charges variable spreads that start from 0.8 pips on its Standard account and from 0.1 pips on its Prime account. It also charges a commission of $6 per lot on its Prime account and $4 per lot on its Institutional account. It does not charge any deposit or withdrawal fees, but it may charge a conversion fee for non-USD base currencies.
Coinexx charges variable spreads that start from 0.0 pips on all its accounts. It does not charge any commission or any deposit or withdrawal fees. However, it may charge a network fee for crypto transactions depending on the blockchain congestion.
BlackBull Markets vs Coinexx Account Types Comparison
BlackBull Markets offers three types of accounts: Standard, Prime, and Institutional. The Standard account has no minimum deposit requirement, no commission, and spreads from 0.8 pips. The Prime account has a minimum deposit requirement of $2,000, a commission of $6 per lot, and spreads from 0.1 pips. The Institutional account has a minimum deposit requirement of $20,000, a commission of $4 per lot, and spreads from 0.0 pips.
Coinexx offers one type of account that has no minimum deposit requirement, no commission, and spreads from 0.0 pips. The account can be denominated in BTC, ETH, USD or other altcoins.
BlackBull Markets vs Coinexx Deposit Options Comparison
BlackBull Markets accepts deposits and withdrawals via bank wire transfer, credit/debit card, Skrill, Neteller, FasaPay, UnionPay, SticPay, Perfect Money, Bitcoin (via BitPay), Ethereum (via BitPay), Tether (via BitPay), and USDC (via BitPay). The processing time varies depending on the method used.
Coinexx accepts deposits and withdrawals via Bitcoin and other altcoins such as Litecoin, Dash, Ethereum etc.. The processing time is usually instant or within a few hours depending on the blockchain confirmation.
BlackBull Markets vs Coinexx Trading Platforms Comparison
BlackBull Markets supports MetaTrader 4 and MetaTrader 5 platforms for desktop, web and mobile devices. It also supports TradingView platform for web-based charting and social trading. Additionally, it offers a MultiTerminal platform for managing multiple accounts simultaneously.
Coinexx supports MetaTrader 4 and MetaTrader 5 platforms for desktop, web and mobile devices. It also supports a WebTrader platform for web-based trading. Additionally, it offers a BlackBull Shares platform for trading equities from 80+ global markets.
BlackBull Markets vs Coinexx Analytical Tools Comparison
BlackBull Markets provides various analytical tools such as market news, economic calendar, trading signals, technical analysis, and educational resources. It also offers a personal account manager and 24/7 customer support via phone, email, live chat, and social media.
Coinexx provides some basic analytical tools such as market news, economic calendar, and trading signals. It also offers 24/7 customer support via email, live chat, and ticket system.
BlackBull Markets vs Coinexx. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, preferences, and goals. There is no definitive answer to which broker is better, as different brokers may suit different traders. However, based on the comparison I have provided, here are some possible factors that you may want to consider:
- Regulation: If you value security and protection, you may prefer a broker that is regulated by a reputable authority and offers some form of investor compensation scheme. BlackBull Markets is registered with the FSPR of New Zealand and is a member of the FSCL, which provides dispute resolution services to clients. Coinexx is not regulated by any authority and operates as an offshore broker, which means it does not have to comply with any regulatory standards or provide any investor protection to its clients.
- Trading Assets: If you want to diversify your portfolio and trade various asset classes, you may prefer a broker that offers a wide range of instruments. BlackBull Markets offers trading on over 300 instruments across forex, shares, CFDs, commodities, precious metals, energy, and crypto currencies. Coinexx offers trading on over 26,000 instruments across forex and crypto currencies.
- Trading Fees: If you want to minimize your trading costs and maximize your profits, you may prefer a broker that offers low spreads and commissions. Coinexx charges variable spreads that start from 0.0 pips on all its accounts. It does not charge any commission or any deposit or withdrawal fees. BlackBull Markets charges variable spreads that start from 0.8 pips on its Standard account and from 0.1 pips on its Prime account. It also charges a commission of $6 per lot on its Prime account and $4 per lot on its Institutional account. It does not charge any deposit or withdrawal fees, but it may charge a conversion fee for non-USD base currencies.
- Account Types: If you want to choose an account that suits your trading needs and budget, you may prefer a broker that offers different types of accounts with different features and requirements. BlackBull Markets offers three types of accounts: Standard, Prime, and Institutional. The Standard account has no minimum deposit requirement, no commission, and spreads from 0.8 pips. The Prime account has a minimum deposit requirement of $2,000, a commission of $6 per lot, and spreads from 0.1 pips. The Institutional account has a minimum deposit requirement of $20,000, a commission of $4 per lot, and spreads from 0.0 pips. Coinexx offers one type of account that has no minimum deposit requirement, no commission, and spreads from 0.0 pips. The account can be denominated in BTC, ETH, USD or other altcoins.
- Deposit and Withdrawal Options: If you want to fund your account and withdraw your profits easily and conveniently, you may prefer a broker that offers multiple payment methods with fast processing times. Coinexx accepts deposits and withdrawals via Bitcoin and other altcoins such as Litecoin, Dash, Ethereum etc… The processing time is usually instant or within a few hours depending on the blockchain confirmation. BlackBull Markets accepts deposits and withdrawals via bank wire transfer, credit/debit card, Skrill, Neteller, FasaPay, UnionPay, SticPay, Perfect Money, Bitcoin (via BitPay), Ethereum (via BitPay), Tether (via BitPay), and USDC (via BitPay). The processing time varies depending on the method used.
- Trading Platforms: If you want to access the markets and execute your trades smoothly and efficiently, you may prefer a broker that supports reliable and user-friendly trading platforms for desktop, web and mobile devices. Both BlackBull Markets and Coinexx support MetaTrader 4 and MetaTrader 5 platforms for desktop, web and mobile devices . They also support web-based platforms for trading . Additionally, BlackBull Markets offers a MultiTerminal platform for managing multiple accounts simultaneously, while Coinexx offers a BlackBull Shares platform for trading equities from 80+ global markets.
- Analytical Tools: If you want to enhance your trading performance and skills with useful tools and resources such as market news, economic calendar, trading signals, technical analysis, educational materials etc., you may prefer a broker that provides various analytical tools. BlackBull Markets provides more analytical tools than Coinexx such as market news, economic calendar, trading signals, technical analysis, educational resources etc… It also offers a personal account manager and 24/7 customer support via phone, email live chat ,and social media. Coinexx provides some basic analytical tools such as market news economic calendar ,and trading signals. It also offers 24/7 customer support via email, live chat, and ticket system.
These are some of the main factors that you may want to consider when comparing BlackBull Markets and Coinexx. However, you should also do your own research and test the brokers with a demo account before opening a live account.
